Russia's central bank on Friday raised interest rates to 19 percent as it warned inflation was running too high and it needed to cool the economy.
Russia’s central bank on Friday raised interest rates to 19 percent as it warned inflation was running too high and it needed to cool the economy. “Current inflationary pressures remain high,” Russia’s central bank said in a statement. “Further tightening of monetary policy is required to resume the disinflation process, reduce inflation expectations, and ensure […]
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